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Dec 23, 2012
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i mean, what about senate minority leader mitch mcconnell? >> well, the thing at this point -- and i'm told by sources -- is that there really are no negotiations going on between senator mitch mcconnell, the republican leader in the senate and senate majority leader harry reid who is actually in hawaii today for the funeral of daniel inouye and is on his way back to washington. it would really come down to the senate doing something. the way democrats see it, there's a possibility that senator mcconnell might allow this bill that i mentioned that already passed in july with the threshold for tax hikes being at the $250,000 level, that he might sort of allow democrats to say okay, the house has to take this or if there is some sort of vote on another measure that while mitch mcconnell would be unlikely to personally support it, perhaps he might let some of his republican senators do that. now, this is sort of thinking coming from democrats. this is not something that mitch mcconnell at this point is planning to do, and it's very much unclear.
i mean, what about senate minority leader mitch mcconnell? >> well, the thing at this point -- and i'm told by sources -- is that there really are no negotiations going on between senator mitch mcconnell, the republican leader in the senate and senate majority leader harry reid who is actually in hawaii today for the funeral of daniel inouye and is on his way back to washington. it would really come down to the senate doing something. the way democrats see it, there's a possibility that...
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Dec 24, 2012
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what about senate minority leader mitch mcconnell? >> well, the thing at this point and i'm told by sources is that there are no negotiations going on between senator mitch mcconnell, the republican leader in the senate, and senator majority leader harry reid in hawaii for the funeral of daniel inouye and is now back to washington. it could come down to the senate doing something. senator mcconnell might allow this bill i mentioned that i already passed in july, was a threshold for tax hikes, being at the $250,000 level, he may allow democrats to say, the house has to take this, or if there is some sort of vote on another measure, while mitch mcconnell would be unlikely to support it, perhaps he might let some of his republican senators do that, now, this is sort of thinking, coming from democrats, this is not something that mitch mcconnell at this point is planning to do, and it's very much unclear. the fact is, it doesn't just matter what the senate does, don, the house would have to pass something. and whatever were to come out of
what about senate minority leader mitch mcconnell? >> well, the thing at this point and i'm told by sources is that there are no negotiations going on between senator mitch mcconnell, the republican leader in the senate, and senator majority leader harry reid in hawaii for the funeral of daniel inouye and is now back to washington. it could come down to the senate doing something. senator mcconnell might allow this bill i mentioned that i already passed in july, was a threshold for tax...
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Dec 24, 2012
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and mcconnell is waiting for reid to chime in. so this is a bit of a standoff right now and we are waiting to see who is going to blink. that's really the question, who is going to blink first and the fact is we just don't know. >> brianna keilar, thank you very much. >>> first, now they were only trying to buy bread and now over 100 people are dead after a bakery is bombed by war planes. we're live from the middle east as the violence in syria escalates. >>> and their job was to make people laugh, but that was before the newtown school shooting. >> he was one of the first responders to the scene. how are you? >> i'm doing okay. >> never in your life could you imagine you'd pull up to a scene so horrific. >> absolutely not. there are certain things that people just shouldn't see. >> how a connecticut morning radio show has become a way for listeners to heal. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarka
and mcconnell is waiting for reid to chime in. so this is a bit of a standoff right now and we are waiting to see who is going to blink. that's really the question, who is going to blink first and the fact is we just don't know. >> brianna keilar, thank you very much. >>> first, now they were only trying to buy bread and now over 100 people are dead after a bakery is bombed by war planes. we're live from the middle east as the violence in syria escalates. >>> and their...
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Dec 27, 2012
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people should simmer down a little bit. >> we need to go to mitch mcconnell who is speaking. let's take a look. >> a bipartisan agreement literally for months. a plan that would simplify the tax code, shrink the deficit, protect the taxpayers, and grow the economy. but democrats consistently rejected those offers. the president chose, instead, to spend his time on the campaign trail. this was even after he got re-elected. and congressional democrats sat on their hands. now, republicans have bent over backwards. we stepped way, way out of our comfort zone. we wanted an agreement. but we had no takers. the phone never rang and so now here we are five days from the new year and we might finally start talking. democrats have had an entire year to put forward a balanced bipartisan proposal. and if they had something to fit the bill, i'm sure the majority leader would have been able to deliver the votes the president would have needed to pass it here in the senate. and weapon wouldn't be in this
people should simmer down a little bit. >> we need to go to mitch mcconnell who is speaking. let's take a look. >> a bipartisan agreement literally for months. a plan that would simplify the tax code, shrink the deficit, protect the taxpayers, and grow the economy. but democrats consistently rejected those offers. the president chose, instead, to spend his time on the campaign trail. this was even after he got re-elected. and congressional democrats sat on their hands. now,...
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Dec 22, 2012
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have kind of abdicated their power to shape this short-term bill to the senate minority leader, mitch mcconnell. and so the thought is, obviously, that they may vote on something that the senate has to take up, but it's something that ultimately has to go through the house and would take democratic votes as well and maybe they won't get as much as they want. certainly their opportunity to get some entitlement and tax reform is gone for the moment, miguel. >> absolutely extraordinary situation. thank you very much. try to enjoy hawaii and aloha to you. >> reporter: aloha. [ bells tolling ] >> yesterday much of the country paused to remember the newtown shooting victims. church bells rang out exactly one week after the tragedy began. flags remained at half-staff. even many websites went dark. and people all over the country observed a moment of silence for the 20 children and 6 teachers and administrators. today there's a walk for peace in newtown where three more children will be laid to rest. aina grace marquez. greene, who loved to sing. josephine grace gay, who had just celebrated her 7th bir
have kind of abdicated their power to shape this short-term bill to the senate minority leader, mitch mcconnell. and so the thought is, obviously, that they may vote on something that the senate has to take up, but it's something that ultimately has to go through the house and would take democratic votes as well and maybe they won't get as much as they want. certainly their opportunity to get some entitlement and tax reform is gone for the moment, miguel. >> absolutely extraordinary...
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Dec 23, 2012
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and it seems that unlikely that senate minority leader mitch mcconnell would want to negotiating? that he doesn't feel will be able to also pass the house, which would require the support of some house republicans and that's part of the reason why this is such a difficult task and it has really been thrown into question whether or not the country is going over the fiscal cliff. the senate will reconvene, it is on xenlg actual reconvene september 27th that is on thursday. and i think the expectation is that at some point, president obama would go back to washington, especially if there's this possibility that the country goes off of the fiscal cliff. he wouldn't obviously want to be here in hawaii when that happens, miguel. >> just sounds like it is a very complicated game of chicken. the president is attending a very somber event today. the body of hawaii senator daniel inouye is being interred. what can you say about the ceremony? >> reporter: this is the national cemetery of the pacific, referred here in honolulu as the punch bowl. this is a cemetery where a number of people who
and it seems that unlikely that senate minority leader mitch mcconnell would want to negotiating? that he doesn't feel will be able to also pass the house, which would require the support of some house republicans and that's part of the reason why this is such a difficult task and it has really been thrown into question whether or not the country is going over the fiscal cliff. the senate will reconvene, it is on xenlg actual reconvene september 27th that is on thursday. and i think the...
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Dec 28, 2012
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republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of their members will filibuster it. house speaker john boehner says he will bring it to the house floor for a vote before new year'
republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called...
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some folks think that perhaps senator mcconnell would not negotiate something with senate democrats if he wasn't sure that it was going to pass the house, that it would get by at least some of the republicans who would need to get by to pass. but i think the white house is hoping that he will kind of buck house republicans and agree to work something out so that something can pass the senate. but it's very much up in the air, miguel, and not certain that we are not going over the fiscal cliff at this point. >> sounds like a very dangerous game, a very complicated game of chicken, the highest levels. what is your sense of it? you spent time with the president, know washington well. do you think someone is going to blink? >> you know, if you'd asked me a couple of weeks ago, i would have said i didn't think that the country would go over the fiscal cliff. i think it's very much a possibility at this point. i was sort of surprised that, honestly, a deal wasn't worked out. so i think at this point, too, the white house would have told you behind the scenes that ultimately, a deal would be
some folks think that perhaps senator mcconnell would not negotiate something with senate democrats if he wasn't sure that it was going to pass the house, that it would get by at least some of the republicans who would need to get by to pass. but i think the white house is hoping that he will kind of buck house republicans and agree to work something out so that something can pass the senate. but it's very much up in the air, miguel, and not certain that we are not going over the fiscal cliff...
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Dec 22, 2012
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obviously there's going to need to be some buy-in from the senate minority leader, republican mitch mcconnell. so that's where things stand. and president obama is actually hopeful that something could still be pulled off. listen. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. call me a hopeless optimist. but i actually still think we can get it done. >> reporter: now, of course, if the senate were to pass something and reconvene on december 27th, don, it would also then need to pass the house. but the expectation is that whatever would be worked out in the senate, if it is, would pass the house hopefully not just with republican support, but it would need democratic support, as well. and just to be clear, the thing that president obama and speaker boehner were working towards was a much bigger package, trying to deal with deficit reduction that would have dealt with these tax hikes, spending cuts, trying to work out a plan for entitlement reform and tax reform. what's now being worked out is to avert thos
obviously there's going to need to be some buy-in from the senate minority leader, republican mitch mcconnell. so that's where things stand. and president obama is actually hopeful that something could still be pulled off. listen. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. call me a hopeless optimist. but i actually still think we can get it done. >> reporter: now, of course, if the senate...
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you heard senator mcconnell talk about that on the floor. we are still awaiting a counteroffer by the democrats. and there was an indication that we could have received that by 10:00 this morning. we have yet to receive it. but there are discussions that continue. senator mcconnell and vice president biden are continuing to discuss this and we think there perhaps still could be a path forward. the one thing that is a, you know, democrats come out and made a big deal out of chained cpi, republicans are very concerned that if that not be used as an offset to reduce or to replace some of the spending cuts that you would occur in the sequester, that democrats put forward an alternative and so this is a process. obviously, there's a lot of give and take going on now, but republicans don't want to see new revenues, in other words, democrat tax increases, be used for new spending. so that's sort of where many of our members have drawn the line now. >> that is where it times to be one of the big road blocks are right now, democrats -- you-all want t
you heard senator mcconnell talk about that on the floor. we are still awaiting a counteroffer by the democrats. and there was an indication that we could have received that by 10:00 this morning. we have yet to receive it. but there are discussions that continue. senator mcconnell and vice president biden are continuing to discuss this and we think there perhaps still could be a path forward. the one thing that is a, you know, democrats come out and made a big deal out of chained cpi,...
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so house republicans have kind of abdicated their role in this to the senate minority leader mitch mcconnell. if perhaps he could get on board with something with democrats in the senate to move along, presumably that might be able to be pushed through the house. the house republicans at least some of them, would have to vote on that in order to pass it so they have some i guess influence in that regard, but really they've given away a lot of their -- almost all of their influence on what this package can ultimately look like. >> oh, dear, i'm not smelling a lot of hope. aloha. thank you very much, brianna keilar. >>> it's a wintry mess for much of the country today as americans gear up for holiday travel. this midwest blizzard is now ripping across the northeast. most of the problems are from high winds as high as 40 miles per hour. aaa predicts some 93 million americans will travel between now and new year's. but if the roads look anything like this, you may want to stay home. >>> alexander steele is in the cnn weather center. what's the latest on the storm? >> this holiday has been fraugh
so house republicans have kind of abdicated their role in this to the senate minority leader mitch mcconnell. if perhaps he could get on board with something with democrats in the senate to move along, presumably that might be able to be pushed through the house. the house republicans at least some of them, would have to vote on that in order to pass it so they have some i guess influence in that regard, but really they've given away a lot of their -- almost all of their influence on what this...
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i don't know if he would get widespread support from mitch mcconnell and the leadership, but just a few who are maybe retiring, or leaving the senate. >> reporter: that's a great question. first and foremost they would have to be able to swallow the idea that they will effectively vote to raise taxes on the top 2% of americans which most republicans said they do not want to do because they think it is bad for the economy. to answer your question, it is probably the biggest sweetener for republicans and seen some moderate democrats by the way is the estate tax. the estate tax is in place right now at a relatively low threshold. it would go up big time at the end of the year. and that is something that is very important to a lot of republicans. that could be a sweetener. i think probably the best argument the democrats have for some of those republicans is that they don't want to be in the way or they don't want to be responsible in any way for every american's taxes going up, including most importantly the people who really, really need that money, people who just aren't the wealthiest i
i don't know if he would get widespread support from mitch mcconnell and the leadership, but just a few who are maybe retiring, or leaving the senate. >> reporter: that's a great question. first and foremost they would have to be able to swallow the idea that they will effectively vote to raise taxes on the top 2% of americans which most republicans said they do not want to do because they think it is bad for the economy. to answer your question, it is probably the biggest sweetener for...
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Dec 28, 2012
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the hope for any deal before january 1st is that somehow minority leader mitch mcconnell could convince his troops, convince the republicans not to block it with a filibuster. each individual senator makes up their own mind, each senator has the right to stage a filibuster. so that's not something he can control entirely. a bigger issue, though, i have to edadmit, when you look at senator mcconnell and why he's so important right now is that he needs to bring some republicans on board this deal for a couple reasons. first, they need those republican votes to get anything through the senate. and then second of all, speaker boehner needs some cover, he needs some way to convince republicans in the house that they should pass this deal. conservatives are putting pressure on all sides and republicans in the house want to be to say conservativings in the senate supported this. i can too for the good of the country even though i don't like it. these are the dynamics in play. a lot of politics, a lot at stake. and this is why all focus is on senator mcconnell because he can bring so much to th
the hope for any deal before january 1st is that somehow minority leader mitch mcconnell could convince his troops, convince the republicans not to block it with a filibuster. each individual senator makes up their own mind, each senator has the right to stage a filibuster. so that's not something he can control entirely. a bigger issue, though, i have to edadmit, when you look at senator mcconnell and why he's so important right now is that he needs to bring some republicans on board this deal...
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Dec 30, 2012
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he certainly has a long history of talks and bipartisan negotiations with mitch mcconnell. i want to, over the past hour, we have spoken to two republican senators, i wanted to talk to claire mccaskill, thanks very much for joining us, they just ended their almost two-hour meeting, martin, two hours, what was going on in there behind those door? >> i know you will be shocked to hear that a lot of senators wanted to talk. >> that is shocking. >> everyone wanted to have their same i think the consensus is that we all still want to try to get a deal but some of us are very discouraged that what appears to be on the table now doesn't really do anything to reduce the deficit and this was all supposed to be an exercise in bringing down our deficit and our long-term debt and where we are right now, it doesn't appear that we are getting that done and even more importantly, it appears that republicans are still trying to protect the tippy top as opposed to looking after the greater good of the economy and middle class families. >> as far as you-all were told by the democratic leader
he certainly has a long history of talks and bipartisan negotiations with mitch mcconnell. i want to, over the past hour, we have spoken to two republican senators, i wanted to talk to claire mccaskill, thanks very much for joining us, they just ended their almost two-hour meeting, martin, two hours, what was going on in there behind those door? >> i know you will be shocked to hear that a lot of senators wanted to talk. >> that is shocking. >> everyone wanted to have their...
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republicans like house speaker john boehner and mitch mcconnell have been radio silent on negotiations. joining me is will kain and roland martin, a political analyst and columnist. welcome to you both. >> good to see you. >> good to see you. i'm just so sad we have to talk about the fiscal cliff. let's start with you, roland. harry reid comes out and says the house isn't in session. the president is back. the house is going nowhere. john boehner is doing a terrible job and we'll likely go off the cliff because of the republicans. >> it's interesting. this morning i talked to congressman e moon yule cleaver and part of the issue deals with the house rules. they have to have 48-hours notice to come back to washington, d.c. republicans also have a rule -- >> like there are phones. >> but again, the problem is the house rule that they must wait 72 hours to act on legislation. they can always suspend that rule, frankly change it for this particular purpose. that's part of the problem. they waited so long. this is also one of the reasons why congress should have kept their butt in washingto
republicans like house speaker john boehner and mitch mcconnell have been radio silent on negotiations. joining me is will kain and roland martin, a political analyst and columnist. welcome to you both. >> good to see you. >> good to see you. i'm just so sad we have to talk about the fiscal cliff. let's start with you, roland. harry reid comes out and says the house isn't in session. the president is back. the house is going nowhere. john boehner is doing a terrible job and we'll...
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only he and senator mcconnell have been here today. you know, i think the situation is such that after speaker boehner lost that vote, and there is walking in from earlier in the week, after speaker boehner lost the vote in his own caucus in the house, it was clear and he even said as much, that the senate needed to act. that's for a couple of reasons. one, the senate has that 60-vote threshold to get anything through and conservativives in the house want cover, they don't want to pass something and have it run into trouble in the senate because they would be sticking their neck out to some degree especially those conservatives or republicans worried about a tea party challenge next time around. so for a lot of reasons, everything has to start in the senate. that's why we're seeing a lot less of speaker boehner. but i think what's interesting in the capitol today martin, in the last few minutes we've seen the sun come out. this place is full of tourists. that kind of concern about the average american is getting these leaders to the ta
only he and senator mcconnell have been here today. you know, i think the situation is such that after speaker boehner lost that vote, and there is walking in from earlier in the week, after speaker boehner lost the vote in his own caucus in the house, it was clear and he even said as much, that the senate needed to act. that's for a couple of reasons. one, the senate has that 60-vote threshold to get anything through and conservativives in the house want cover, they don't want to pass...
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so hopefully the discussion between the vice president and senator mcconnell will get us back on track and hopefully a breakthrough and something that we can ultimately vote on yet today or tomorrow that would overt what we all believe is an economic disaster. >> most successful businessmen and successful people they have talked to are willing to pay more. and so it remains to be seen whether the republicans being driven by a very extreme group of house members will allow the economy to hurt because of their desire to protect multimillionaires in this country. that is what it is going to boil down to. >> so two things to flesh out there, don. first of all, senator john thune, a member of the republican leadership talking about talks between senator mcconnell, the republican leader, and the vice president joe biden. that is something that started transpire today. senator mcconnell as our jessica yellin reported, he reached out to joe biden and that is a sidebar conversation, but an important one, because the two of them have a longstanding relationship, and joe biden was a senator for t
so hopefully the discussion between the vice president and senator mcconnell will get us back on track and hopefully a breakthrough and something that we can ultimately vote on yet today or tomorrow that would overt what we all believe is an economic disaster. >> most successful businessmen and successful people they have talked to are willing to pay more. and so it remains to be seen whether the republicans being driven by a very extreme group of house members will allow the economy to...
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also, we were able to see some of senator mcconnell's staffers. i was able to speak to one of them coming in and out of these kind of closed-door planning meetings. he said they've been here since 9:00 a.m. they plan to work all day and we may see his boss, senator mcconnell, later today. that shows us kind of where things stand. i wanted to break this down simply because there's so much that complicates the story. let's look really quickly at a graphic of the basics, what's happening right now. here's where we stand with the fiscal cliff. first of all, who's doing the negotiating? ice the top two senators, senator reid for the democrats, senator mcconnell for the republican, and it is their staff who are working out details right now. what are they talking about? mainly trying to find a way to avoid those tax hikes for most americans. that could also include an extension of unemployment benefits. what is unclear is whether other things such as budget cuts eliminating that sequester that's coming up or other things will be in that deal. when will
also, we were able to see some of senator mcconnell's staffers. i was able to speak to one of them coming in and out of these kind of closed-door planning meetings. he said they've been here since 9:00 a.m. they plan to work all day and we may see his boss, senator mcconnell, later today. that shows us kind of where things stand. i wanted to break this down simply because there's so much that complicates the story. let's look really quickly at a graphic of the basics, what's happening right...
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that's what the weather was like when mitch mcconnell came to work to try to reach a deal. if he can't forge a deal with democrats, here's what's at stake. let's look first of all at what's involved in talks. at the top of that list, tax rates. if we go over the fiscal cliff, tax rates will go up 9% to 33% for most all americans. that would also mean havoc for payroll companies and the irs that would have to struggle with how to handle withholding starting on january 1st. also unemployment benefits, those actually ran out today. that's something that republicans and democrats, we understand, are talking about right now. what else is at stake in the fiscal cliff? let's look at some other issues, things that we're not sure will be in a deal that comes out this week. at the top of that list, government spending cuts. that's about 8% to 10% in cuts to most every federal agency. also a pay cut for medicare doctors of 27% that would hit after january 1st. finally, don, there are a slew of other tax hikes. the alternative minimum tax is one that people talk about. the estate tax.
that's what the weather was like when mitch mcconnell came to work to try to reach a deal. if he can't forge a deal with democrats, here's what's at stake. let's look first of all at what's involved in talks. at the top of that list, tax rates. if we go over the fiscal cliff, tax rates will go up 9% to 33% for most all americans. that would also mean havoc for payroll companies and the irs that would have to struggle with how to handle withholding starting on january 1st. also unemployment...
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so it's sort of con joeling mitch mcconnell to agree to those actions on those parts. if the president can get that done, we don't have much time left for the rest of the pieces to fall into place. >> jessica, i'm sure you saw harry reid on the floor there today really going after speaker boehner, which is just more and more of the blame game. can anything get done when all they are doing is fighting and blaming each other? >> for the longest time, we thought this is a lot for the last few weeks of public posturing. behind the scenes, they must have a secret deal worked out, but in the end they will come out with a deal to get this done before new year's. but it hasn't turned out that way, has it? so it's not surprising there's an enormous amount of partisanship given each side wants to win the public relations war in @ event the nation does go over the cliff. >> let's hope for the best. jessica yellin. happy holidays. come to new york. thanks. >>> your top stories, heated political differences are common, but a dispute in albuquerque? that one nearly ended in gun viol
so it's sort of con joeling mitch mcconnell to agree to those actions on those parts. if the president can get that done, we don't have much time left for the rest of the pieces to fall into place. >> jessica, i'm sure you saw harry reid on the floor there today really going after speaker boehner, which is just more and more of the blame game. can anything get done when all they are doing is fighting and blaming each other? >> for the longest time, we thought this is a lot for the...
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we're told we should expect to hear from the senate republican leader mitch mcconnell. the senate is in and he will likely take to the floor we're told and give a status report from his perspective. what we're talking about right now in the senate is whether or not the democrats if that i do attempt to pass something, if they're going to have to get to the 60-vote threshold, meaning if they're going to need to break a filibuster or if the senate rupp leader mitch mcconnell will be able to get agreement from his republican conference to have a sim palma jort vote. that's what they're talking about right now. it's important to emphasize that senator reid has told people privately if he does not think that any legislation like the one the president is sending up today can pass both the senate and the house he doesn't want to bring it up because he doesn't want to, a, make people walk the planch politically and, b, spook the markets even more with a failed vote. >> thank you. i want to bring in jessica here. the president landed two hours ago. what is he doing behind the sc
we're told we should expect to hear from the senate republican leader mitch mcconnell. the senate is in and he will likely take to the floor we're told and give a status report from his perspective. what we're talking about right now in the senate is whether or not the democrats if that i do attempt to pass something, if they're going to have to get to the 60-vote threshold, meaning if they're going to need to break a filibuster or if the senate rupp leader mitch mcconnell will be able to get...
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Dec 23, 2012
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the senate minority leader mitch mcconnell to avoid the tax hikes. i think part of this is the president saying to house republicans, you have to come around and in way when boehner said, don, that the ball is in the court of the democrats, it's true. the republicans have given up their role as their primary negotiators in this. to this point, they are trying work out a smaller bill, and president obama, you can tell, he is holding out hope that it can work. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. call me a hopeless optimist? i still think we can get it done. >> and i think, don, that with congress going home, the president's other option was to stay in washington while no one was there. we saw some of the vacation last year disrupted for the president's late departure, so there was that desire to come out here. but i also think that some at the white house think that allowing congress to go home may also allow them to get somewhat of an earful from their c
the senate minority leader mitch mcconnell to avoid the tax hikes. i think part of this is the president saying to house republicans, you have to come around and in way when boehner said, don, that the ball is in the court of the democrats, it's true. the republicans have given up their role as their primary negotiators in this. to this point, they are trying work out a smaller bill, and president obama, you can tell, he is holding out hope that it can work. >> nobody can get 100% of what...
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that is what the weather was like as mitch mcconnell came to work in trying to reach a deal. if you cannot forge a deal with democrats, here is what is at stake. let's look first of all at what is involved in talks. at the top of the list, tax rates, if we go over the fiscal cliff, tax rates will go up 9-33% for most all americans. now, that would also mean havoc for payroll companies and the irs that have to struggle how to handle withholding starting on january 1st and unemployment benefits. those ran out today. so that is something that republicans and democrats we understand are talking about right now. so, what else is at stake in the fiscal cliff? let's look at the other issues, things that we are not sure will be in a deal that comes out this week. at the top of the list, government spending cuts that is 8-10% in cuts to every federal agency. and a pay cut for medicare doctors of 27% that would hit after january 1st and finally, don, there's a slew of other tax hikes. the minimum tax and the estate tax. that is everything that would hit average americans. the fiscal cl
that is what the weather was like as mitch mcconnell came to work in trying to reach a deal. if you cannot forge a deal with democrats, here is what is at stake. let's look first of all at what is involved in talks. at the top of the list, tax rates, if we go over the fiscal cliff, tax rates will go up 9-33% for most all americans. now, that would also mean havoc for payroll companies and the irs that have to struggle how to handle withholding starting on january 1st and unemployment benefits....
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senate to pass a plan at this point, aides for democratic leader harry reid and republican leader mitch mcconnell are trading proposals. even if they agree, they still need the support of the caucuses. that's no sure thing. then the plan needs to pass the house too. and speaker john boehner has shown he can't control how his caucus votes. if the senate fails to act, president obama wants it to consider a much smaller plan, one that at least would stop middle class tax hikes, at least. but republicans could block a vote on that. did you get all that? >>> by now, you're probably asking how did we get in this mess? cnn's ali velshi breaks it down for us. >> now we have passed a bold package of tax relief for america's families and businesses. >> reporter: it starts more than a decade ago, when then president george w. bush initiated a series of tax cuts for all americans. but it's a deal with a devil. the cuts, which are politically expedient but costly to government, expire in ten years' time. >> both houses of congress have now passed a package of tax relief that will protect the middle class. >>
senate to pass a plan at this point, aides for democratic leader harry reid and republican leader mitch mcconnell are trading proposals. even if they agree, they still need the support of the caucuses. that's no sure thing. then the plan needs to pass the house too. and speaker john boehner has shown he can't control how his caucus votes. if the senate fails to act, president obama wants it to consider a much smaller plan, one that at least would stop middle class tax hikes, at least. but...
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boehner, minority leader nancy pelosi, senate majority leader harry reid, and minority leader mitch mcconnell. and watching all this, jessica yellin live at the white house. jess, what do we think is going to happen here? >> reporter: well, based on the expectations around town, the thought is the president and democrats will lay out an alternative, scaled-down proposal. and there will be discussions about what could be in the details of a proposal they could vote on, in theory, this weekend. the ideal outcome would be all the members agree to the terms of that deal. and then the two senators in the room agree that they can get their parties to bring it to a vote with no one filibustering it. and then on the house side, speaker boehner would agree that he will put it on the house floor for a vote on monday. and then it would pass in the house and in the senate, and it all gets done before new year's eve. that seems like an awfully heavy lift, but that is the best-case scenario at this point. >> worst-case scenario. >> reporter: stopgap measure itself, i should point out. >> sure. best-case sc
boehner, minority leader nancy pelosi, senate majority leader harry reid, and minority leader mitch mcconnell. and watching all this, jessica yellin live at the white house. jess, what do we think is going to happen here? >> reporter: well, based on the expectations around town, the thought is the president and democrats will lay out an alternative, scaled-down proposal. and there will be discussions about what could be in the details of a proposal they could vote on, in theory, this...